Stock Movers

Today's biggest winners and losers in the stock market.
On this episode of Stock Movers:
- Coinbase (COIN) is lower this morning after the crypto exchange reported first-quarter total revenue that missed the average analyst estimate as transactions declined with crypto prices.
- Cloudflare (NET) dipped this morning after the company gave a forecast for revenue that fell short of analysts’ expectations. The company said it would slash its current workforce by roughly 1,100 people as it prioritizes artificial intelligence tools in its operating model.
- Wendy's (WEN) is higher after it reported adjusted earnings per share for the first quarter that beat the average analyst estimate.
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Today's biggest winners and losers in the stock market.
On this episode of Stock Movers:
- Cloudflare (NET) dipped this morning after the company gave a forecast for revenue that fell short of analysts’ expectations. The company said it would slash its current workforce by roughly 1,100 people as it prioritizes artificial intelligence tools in its operating model.
- CoreWeave (CRWV) is lower after it gave a disappointing forecast for the current quarter, with revenue expected to range from $2.45 billion to $2.6 billion.
- IREN Ltd. (IREN) is rising this morning after it was announced Nvidia is investing as much as $2.1 billion in the data center developer IREN Ltd. as part of a broader partnership between the two companies aimed at accelerating the construction of artificial intelligence infrastructure.
See omnystudio.com/listener for privacy information.

On this episode of Stock Movers:
- Amadeus IT Group climbs as much as 5.7% after the company, which processes transactions for the travel and tourism industry, topped expectations in the first quarter and reiterated its guidance despite the disruption being caused by the Middle East conflict.
- IAG shares fall as much as 5.9%, the most in two months, after the airline group warned profit will be lower than previously anticipated this year. Analysts point to higher fuel costs due to the Middle East conflict and cuts to capacity growth, free cashflow and capital expenditure outlooks.
- Rheinmetall shares fall 2.7% on Tradegate versus Germany’s Thursday close after JPMorgan cut its rating to neutral from overweight and slashed its price target by almost 30%.
See omnystudio.com/listener for privacy information.

Today's biggest winners and losers in the stock market.
On this episode of Stock Movers:
- Commerzbank falls as much as 2.4% after its latest earnings. Analysts say the lender’s upgraded targets are ambitious, but also viewed with some skepticism as the bank steps up its defense against a hostile takeover attempt by UniCredit.
_ IAG shares fall as much as 5.9%, the most in two months, after the airline group warned profit will be lower than previously anticipated this year. Analysts point to higher fuel costs due to the Middle East conflict and cuts to capacity growth, free cashflow and capital expenditure outlooks.
_ Rheinmetall shares fall 2.7% on Tradegate versus Germany’s Thursday close after JPMorgan cut its rating to neutral from overweight and slashed its price target by almost 30%.
See omnystudio.com/listener for privacy information.

Today's biggest winners and losers in the stock market.
On this episode of Stock Movers:
- IREN (IREN) shares skyrocketed on reports that Nvidia (NVDA) is investing as much as $2.1 billion in the data center developer IREN Ltd. as part of a broader partnership between the two companies aimed at accelerating the construction of artificial intelligence infrastructure. IREN has agreed to issue Nvidia a five-year right to purchase as many as 30 million shares at an exercise price of $70, the companies said in a statement Thursday. IREN’s shares soared 21% to $69.29 in after-hours trading on Thursday. Nvidia’s stock was virtually unchanged.
- Block (XYZ) shares surged after it raised its full-year profit forecast following AI-related job cuts announced earlier in the year. The Jack Dorsey co-founded payments company expects gross profit of $12.33 billion by the end of the year, Block said in a statement Thursday. That’s slightly higher than the $12.1 billion that analysts on average estimated. It also forecast adjusted operating income of $3.34 billion, higher than the $3.2 billion projected by analysts. Block’s shares had gained nearly 8% this year before the post-market release.
- Airbnb (ABNB) boosted its annual forecast on robust bookings in the major markets in the Americas, while it posted a big jump in spending as part of an effort to diversify the business. The short-term rental company said it expects annual revenue growth to “accelerate to low- to mid-teens.” In February, Airbnb told investors it anticipated annual sales would gain “at least low double digits.” Analysts, on average, projected a 12% jump, according to data compiled by Bloomberg. The shares gained about 1% in extended trading after closing at $140.46 in New York. The stock had been up about 3.5% this year.
See omnystudio.com/listener for privacy information.